IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Capitalizing the Retail Industry by Automation and Artificial Intelligence (AI): Case Study of IKEA

Author(s): A. B. Mishra (International Institute of Management Studies, Pune, India), Mithila Satarkar (International Institute of Management Studies, Pune, India)and Sanat Joshi (International Institute of Management Studies, Pune, India)
Copyright: 2024
Pages: 7
EISBN13: 9798369372982

Purchase

View Capitalizing the Retail Industry by Automation and Artificial Intelligence (AI): Case Study of IKEA on the publisher's website for pricing and purchasing information.

View Sample PDF


Abstract

IKEA was formed in a remote corner of Sweden, where it was difficult to contact potential clients in larger towns. Is currently serving over 775 million clients worldwide and has a presence in 35 countries. 1IKEA is the best illustration of phygital transformation as a combination of physical plus digital, i.e., merging digital experiences with physical ones. Technology is the requirement of the twenty-first century. IKEA has established a physical and digital presence through the use of technology. IKEA mixes AR (augmented reality) and VR (virtual reality), which is a fundamental cause for the company's success. This is the case study on strong emphasis on capitalizing market potential of the retail industry by automation and artificial intelligence (AI). The entire research was based on secondary data.

Related Content

Ahu Genis-Gruber, Ramazan Aktas. © 2011. 16 pages.
Pietro De Giovanni. © 2022. 30 pages.
Aditi Nag, Smriti Mishra. © 2023. 32 pages.
Beverley McNally, Muntaha Obied. © 2014. 18 pages.
Hayat Ayar Senturk, Ece Ozer Cizer, Tugce Sezer. © 2022. 30 pages.
Body Bottom